PARIS — Beefing up management ranks in its wines and spirits division, LVMH Moët Hennessy Louis Vuitton has named two new executive vice presidents.
Jean-Marc Gallot, most recently wholesale managing director at Fendi in Rome, has joined Moët Hennessy as executive vice president in charge of brands including the vodka Belvedere, Scotch whisky Glenmorangie and premium rum 10 Cane.
This confirms a report in WWD on Friday that the LVMH veteran was heading back to Paris, and the French group’s drinks division. Gallot helmed the Champagne brand Ruinart from 2009 to 2011.
He joined LVMH from Ferragamo USA in 2003 as managing director of Louis Vuitton North America before being promoted to president of Louis Vuitton Europe in 2006.
The other new executive vice president is Hugues Pietrini, who joins Moët Hennessy from Orangina Schweppes.
Both men report to Moët chief executive officer Christophe Navarre.
LVMH’s wines and spirits division registered organic growth of 6 percent last year to attain revenues of 4.19 billion euros, or $5.56 billion at average exchange, with profit from recurring operations advancing 9 percent to 1.37 billion euros, or $1.82 billion.